Forex success %?

Now, let’s take a look at an example of using Fibonacci extension levels in a downtrend.In a downtrend,platforum...

the general idea is to take profits on a short trade at a Fibonacci extension level since the market often finds support at these levels.

forex me success haisl karna koi mushkil kam nahi hai hum ko chahye k hum is cheez ko samjhe aur kam kare k kesay is ko karna hota hau is lye hum ko sub kamo ko samjhna chahye.

Here, we saw a doji form just under the 61.8% Fib level. Price then reversed as sellers jumped back in, and brought price all the way back down to the Swing Low.

Let’s put up that Fib Extension tool to see where would have been some good places to take profits had we shorted at the 61.8% retracement level.

Here’s what happened after price reversed from the Fibonacci retracement level:Price found support at the 38.2% level

meray khiyaal say forex mein log 20% susess hotey hain kiyun kay forex bohat hi tuf business hai is mein learning first hai last mein earning hai 80% log forex mein learning nahi kartey or forex ko easy samjh kar trading kartey hain jiss ki waja say without experience say un ko loss ho jata hai

The 50.0% level held as initial support, then became an area of interesthe 61.8% level also became an area of interest, before price shot down to test the previous Swing Low

bhai jan forex main just wohi log loss khaty hain jo ziada over clever bnty hain mere khiyaal se 10% wali baat ghlat he q k bht hi ziada log hain jo loss se bachty hoe profit earn kr rahy hain. is main loog zra lalach main aa jaty hain or apna sb kuch loss kr k beth jaty hain phir

If you look ahead, you’ll find out that the 100% extension level also acted as supportWe could have taken off profits at the 38.2%, 50.0%, or 61.8% levels. All these levels acted as support,

possibly because other traders were keeping an eye out for these levels for profit taking as well.The examples illustrate that price finds at least some temporary support or resistance at the Fibonacci extension levels –

BhT sy LoG Hain forex py lekin har koi kamyab nhi hoTa yahan Jo Mehnat krta hai wo kamYaab
HoTa hai .. me T0w abhi new H0wn inShAallah Jald Hi Me bHi kamyaab Ho Jaon Gaa ..

not always, but often enough to correctly adjust your position to take profits and manage your risk.Of course, there are some problems to deal with here.

ji is main asa hai k profit ki jahan tak baat hai to bht hi kam log hain jo forex main kamyab hoty hain aur is main tik k kam krty hain ya kr skty hain aur is ki bari waja ye bhi hai k log is main learning nhi krty aur is ko isi trha trade ki koshish krty hain jis ki waja se loss kr k chly jaty hain

First, there is no way to know which exact Fibonacci extension level will provide resistance. Any of these levels may or may not act as support or resistance.